Well, any business that is involved in selling finished merchandise to an end user is considered to be a retail business. According to the figures released by the U.S. Census Bureau, Following is a list of 13 major types of retail businesses and figures in percentage of total Sales generated by these businesses separately and annually in the States :
Sr. Percentage Types of Retail Business
1 20.0% Motor vehicle & parts dealers
2 13.0% Food & beverage stores
3 12.5% General merchandise stores (hypermarkets, department stores, discount stores, warehouse clubs)
In order to strengthen and update the retail business, and to meet the requirements of the customers and as an advancement in providing the customers all the ways to make the payment Merchant needs an account or merchant services for which they look for a reliable and stable Merchant Service Provider.
They may be looking either for a Virtual Terminal, Point of Sale (POS) device or a Payment gateway so that payments can be accepted by All major credit cards, debit cards, ACH payments, Prepaid cards or gift cards etc. Apply Now
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We Support existing businesses as well as start-ups and there is nothing to think about how small or how big business setup you are, we will always try to onboard you within the norms and parameters. Merchant Stronghold helps you grow as we provide sales verification or Customer services also and that too at an affordable price.
About the Author:
This article was written by Merchant Stronghold, a best High-risk Merchant Account & Payment Gateway Provider, It is specialized for credit card processing & offshore merchant account in a globe, Located in Clearwater FL USA. Our all-in-one merchant accounts include everything that a high risk or offshore merchant's needs to process successfully. Processing Includes debit and credit card processing, check processing (ACH), payment gateways, and chargeback management services.
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